The Role Of Economic Inequality In The United States

Living in a society that does not help its people to live comfortably and provide facilities for them to achieve their demands, is harmful. One of these harmful affections is “social inequality” in each diverse society. Social inequality occurs when resources in each society are distributed unevenly, typically through norms of allocation, that engender specific patterns along lines of socially defined categories of persons. The United States contains one of the most common social inequalities for its population and that is “social stratification and mobility” and the government should strictly investigate this social inequality for people who are living in the United States.

The last issue concerning wealth inequality is the health and well being of the lower class. The high rates of social problems: lower rates of performance in school, life expectancy, incarceration, teenage pregnancy along with health problems like obesity and heart disease are directly effected by the United States high inequality. The reason for poor school performance is that children of the lower class typically do not plan on going to college because they cannot afford it. If they do not plan on going to college, they don’t believe there is a reason to put a lot of effort and succeed in high school.

Homelessness is one of the main problems plaguing the United States today, with low income earners at a higher risk of becoming homeless than previous years. There have been countless laws and ordinances put in place throughout the country in hopes of solving this growing problem but many of them have failed to address one of the main things causing this issue, economic inequality and the unequal distribution of wealth in the United States. Although there are many non-profit organizations working not only to get people off the streets, but to prevent them from becoming homeless in the first place, they are facing an uphill battle until the United States government addresses its country’s current unequal distribution of wealth. Throughout this essay I will be discussing the strategies multiple non-profit organizations, including the one I worked with last semester, are using in their battle to combat homelessness, the relationship between economic inequality and homelessness in the United States, and my experiences working with LifeMoves, formerly known as InnVision Shelter Network.

Amongst all of the presidential candidates of the 2016 race, one in particular stands above the rest. Bernie Sanders, running as a democrat, holds the highest capability to better the nation amongst all other candidates.

“The 0.1 percent in the U.S. today account for more than eight percent of the national income” (Freeland). Economic inequality is also known as income inequality, and it has always been a problem. The gap between the rich and the poor is growing wider and wider because wealth grows faster than the economy according to Thomas Piketty, and people are not able to move up through economic classes according to Paul Krugman. Economic inequality is a problem that can be overcome with raise the minimum wage, expand welfare benefits, and provide higher education.

What is Income Inequality? Well “Income Inequality is the unequal distribution” of family or individual wage over the different individuals in an economy. Income inequality is often showen up “as the percentage of income to a percentage of population” (Staff.) Income inequality creates and impacts the U.S. in different aspects, whether it is distinguished by “region, gender, education and social status” (Staff), as well as there are certain causes and potential solutions to resolve the problems that Income Inequality creates.

Economic class has been one of the reasons behind inequality and discrimination in our society. Inequality is one of the main issues in America, in which people are not provided with equal opportunities. Income inequality is increasing rapidly between people, as the economic progress for lower and middle class is not improving. As a result of income inequality, social inequality is increasing within a society. The difference in payment levels does not only affect the family status, but it also reduces their chances of affording health insurance and providing better education for their children.

society, the idea of income inequality is a frequent topic of argument. Many believe that a large income inequality distribution has a negative effect on a society, while others feel that it has very minor, nonexistent, or even positive effect. Some of the factors that affect the income inequality in the United States are low minimum wages, education, and discrimination of race and gender. The swelling income inequality gap in the United States has created numerous social, health, and human capital problems. There is a ton of information to digest regarding who the majority of money is split between and who is actually benefitting from it. There are numerous factors that affect the income inequality and the data associated with the results of it are rather

Income inequality has been a progressively growing issue in the United States, even today. The problem dates back all the way to the Great Depression, although some researchers tend to think that it is older than that. The difference between the wealth of higher-income families and lower-income families has become a great issue. Many people, including our government, think that they know how they can fix it. They have tried time and time again to come up with solutions, yet we are still facing the same obstacle that we were almost one hundred years ago. The effects that this dilemma is setting forth for our United States’ economy, environment, and even our education is repulsing.

Economic inequality has been a problem in the United States for a long time now, and is only getting worse as the years go by. Some people may not notice, but data researched by economist and UC Berkeley professor Robert Reich proves it. We all need to start noticing how bad our economy is becoming and make actions to make it better again before it becomes too late. Some questions that need to be answered is: how much inequality can we tolerate? And when does it actually become a problem?

The highest earning fifth of U.S. families earned 59.1% of all income, while the richest earned 88.9% of all wealth. A big gap between the rich and poor is often associated with low social mobility, which contradicts the American ideal of equal opportunity. Levels of income inequality are higher than they have been in almost a century, the top one percent has a share of the national income of over 20 percent (Wilhelm). There are a variety of factors that influence income inequality, a few of which will be discussed in this paper. Rising income inequality is caused by differences in life expectancy, rapidly increases in the incomes of the top 5 percent, social trends, and shifts in the global economy.

Social inequality exists in the United States through the Elite’s power to maintain their dominance in the United States capitalist system. The Elite Ruling class is made of the upper class and this class of individuals share similar ideology and are the members of the United State’s Superstructure. The Elite Ruling Class members of society are the decision and policy makers in the United States. Research and history has proven that many policies and decisions made by the Elite Ruling Class serve their own interest and promote their ideas. These decisions are the source of the inequality in the United States and it contributes to their ability to maintain their dominant status. The inequality is trickled down to the other classes through social policy and social institutions that affect our lives everyday citizens. A major example of this social inequality can be seen in the United States housing market or home ownership. A significant amount of studies, statics and data supports the evidence of social inequality within the US housing market or home ownership. The following passages will discuss social inequality in the United States as it is connected to Karl Marx’s theory of capitalism’s power and influence of the Elite Dominant i.e. the Ruling Class view as it relates to homeownership within the United States. Karl Marx’s theory however focuses mostly on economic s and the difference between upper and lower class not race. It is also important to point out that the Elite

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life, Liberty and the pursuit of Happiness. (Declaration)” The nation created by immigrants proclaimed its Declaration of Independence from the United Kingdom on July 4th, 1776. Overtime, the United States have developed into a more powerful nation among the world. However, despite its many accomplishments, the United States continues to be far from perfect. Problems such as rights, equality, and identity continue to plague the nation in developing to its fullest potential. Robert Reich, Martin Luther King Jr., and Michael Walzer illustrate issues that continue to be relevant today—impending

One of the social issues concerning power, status, and class in American society today is income inequality. The income gap between the social classes has increased drastically throughout the last few decades, creating a significant gap between the wealthy and the poor. This gap has become so large that the middle class has nearly diminished, creating a social class comprised of the rich and the poor. The significant gap between the two social classes is unhealthy for the economy because it provides too much power in the hands of those with high social status.

A major social problem in America today is its inequality of the distribution of income. "Income inequality refers to the gap between the rich and the poor. The United States has the most unequal income distribution in the industrialized world, and it is growing at a faster rate than any other industrialized country" (Eitzen & Leedham, pg. 37). The main reason as to why income is distributed so unequally is because of the gap between social classes.